An Act To Exempt from Taxation Sales to Small Nonprofit Organizations
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §1760, sub-§103 is enacted to read:
103. Nonprofit organizations with gross receipts less than $40,000. Sales to an incorporated nonprofit organization with annual gross receipts of less than $40,000.
Sec. 2. 36 MRSA §2557, sub-§40 is enacted to read:
40. Nonprofit organizations with gross receipts less than $40,000. Sales to an incorporated nonprofit organization with annual gross receipts of less than $40,000.
Sec. 3. Effective date. This Act takes effect October 1, 2019.
summary
This bill provides a sales tax exemption and a service provider tax exemption for incorporated nonprofit organizations with annual gross receipts of less than $40,000.